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INVESTMENT SNAPSHOT
About this property
Exceptional WATERFRONT investment opportunity in Lynn! This triple-decker, set on a DOUBLE SIZED LOT offers three spacious levels of living, each with 2 bedrooms, 1 full bath and their own private decks, creating an appealing blend of traditional New England character and functional multi-family living. Outside, the property truly distinguishes itself. The oversized lot offers an abundance of room for outdoor enjoyment, while a detached two-car garage and additional off-street parking spaces provide a level of parking rarely found with multi-family properties. A full basement adds valuable storage and utility space. Whether you're an investor seeking a substantial income-producing asset or an owner-occupant looking to offset housing costs with rental income, this property offers an impressive foundation and considerable potential. Conveniently located in Lynn's Austin Square neighborhood, with easy access to local shops, restaurants, parks, schools, public transportation, and the amenities of the North Shore and Greater Boston, a property of this size and lot profile is a compelling opportunity to own a truly substantial multi-family asset in Lynn. Buyer and buyer's agent to perform their own due diligence regarding zoning, permitted uses, rental history, and all property information. Showings begin Saturday, October 31!
Property details
| Units | 3 |
| Living area | 3,239 sqft |
| Lot size | 14,283 sqft |
| Year built | 1920 |
| Price / sqft | $340 |
| County | Essex |
| MLS # | 73596753 |
Listing status
| Days on market | 0 days |
| Listed on | October 29, 2026 |
Taxes & financials
| Annual property tax | $9,182 |
| Tax year | 2026 |
| Assessed value | $891,500 |
| Zoning | R3 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.33 acres |
| Garage spaces | 2 |
| Parking spaces | 8 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Full, Interior Entry, Concrete, Unfinished |
| Foundation | Stone, Brick/Mortar |
| Construction | Frame |
| Flooring | Wood, Tile, Carpet |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, Washer Hookup |
Location
More about investing in Lynn →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Answered from the listing data and public map data.
How many units does 22 Reed St, Lynn MA 01905 have?
It is a 3-unit multi-family property with 3,239 sqft of living area, built in 1920.
How long has 22 Reed St, Lynn MA 01905 been on the market?
22 Reed St, Lynn MA 01905 has been listed for 0 days (since October 29, 2026).
What is the price per unit?
At a list price of $1,100,000 across 3 units, that works out to roughly $366,667 per unit.
What are the property taxes on 22 Reed St, Lynn MA 01905?
Annual property taxes are $9,182 (2026), on an assessed value of $891,500.
What is the price per square foot?
At $1,100,000 for 3,239 sqft, that's about $340 per square foot.
Is there parking?
2 garage spaces and 8 total parking spaces (paved drive, off street, paved).
Where is this property located?
22 Reed St, Lynn MA 01905 is in Lynn, Essex County, MA 01905.
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